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Investor Presentaiton

13 Emergence of a World Class Independent 1300 World Class Resource Low Cost Operations Permian Leader Current Permian Net Production (MBOE/d) The Must-Own Permian Pure Play Financial Strength Permian Pure Play 867 816 751 722 700 463 440 353 300 243 236 194 Peer A Peer B B+C (1) (1) (1) Peer C Peer D Peer E Peer F Peer G Peer H Peer I Peer J Permian Net Acres (M) Permian Pure Play 2200 960 910 850 838 695 494 426 400 400 344 307 180 Peer B Peer C Peer D Peer A +C Peer E Peer H Peer F Peer G Peer I Peer J Note: Peer group includes APA, COP, CTRA, CVX, DVN, EOG, OVV, OXY, PR and XOM. (1) Q4 2023 production. DIAMONDBACK ENERGY

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